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Search Results 0 to 49 of about 139 (some duplicates have been removed)
CSPAN
Dec 29, 2012 7:00am EST
that would let taxes rise on the wealthiest households while protecting the vast majority of americans from tax hikes set to hit in january. welcome to the saturday edition of "and the washington journal." for the first 45 minutes of the program we are going to be talking about senate negotiating a fiscal clifts deal, what has been going on on that half of the capital. see what they are talking about and how things are going. we want to get your input and your part of the conversation. you can reach out to us on twitter. facebook, facebook.com/cspan. and you can send us an e-mail. this is more from the article, the lead story in "the washington post." they ride, the development marked a breakthrough after weeks of paralysis. joining us by phone is one of the authors of that article, and, laurie, welcome to the program. tell us, what kind of a deal did the president offered? what is new in the negotiations among the senators and between the senators and the white house? caller: there does not appear to be anything new. the policies they are talking about are the senate has been on the table
FOX News
Dec 29, 2012 1:00pm PST
cuts and tax hikes for nearly every american. i'm gregg jarrett. welcome to a brand-new hour. >> arthel: i'm art article. 11th how-hour scrambling after a meeting with president obama and leaders from the house and senate with high noon fast approaching, president is pushing to seal the deal. >> modestly optimistic that an agreement can be achieved. nobody is going to get hundred percent of what they want. let's make sure that middle-class families and the american economy and in fact the world economy are not adversely impacted because people can do their can't do their jobs. >> arthel: now the latest. >> discussions are ongoing but we shouldn't expect any announcements before senators are briefed. key players are pretty tight-lipped. after a white house meeting yesterday, one of the top negotiators sounded hopeful. >> we had a longs meeting in the white house, very constructive. we hope that it will bear fruit. i think that the next 24 hours will be very instructive as to what we're able to accomplish. >> reporter: sources say john boehner referred to his senate colleagues and told th
FOX Business
Dec 28, 2012 10:00pm EST
, but this legislation is what is said. the legislation s the expiration of the tax cuts after 10 years. if nothing is done, all tax rates go up. what you see happening allowing some of them to go, all of them to go up, it is a very difficult situation for speaker boehner and the house republicans to be in. i feel very sorry for them. they are caught in a trap. lou: a trap, a conundrum that was perfectly visible. it was transparent where we would be. and the republicans, the republican leadership, the republican national committee. all of the so-called wise men and women of the party did absolutely nothing to prepare for this strategic moment, and they are coming up woefully short. >> that's very true. you knew it happened 10 years ago when there was a provision that this was going to happen. here it is. i think the key for the republicans from my standpoint is to get this over with as quickly as possible. the serious business of trying to prevent spending increases and other programs. without giving up the position of republicans and being able to get those tax cuts. we will have an awful 2013 and
FOX News
Dec 22, 2012 3:00pm PST
in the democrats' court saying the debt is too high, spending out of control and taxes should not go up. in the g.o.p.'s weekly address, he accused the president and the democrats of refusing to accept a reasonable compromise. >> the best way to address our crippling debt is to make significant spending cuts and fix our tax code. to pave the way for long term growth and opportunity. this is an approach most americans support and remains republicans' highest priority. but we only run the house. democrats continue to run washington. >> reporter: the president left town for his traditional christmas in hawaii and he and his family arriving there this morning and he has gotten in a round of golf already. before leaving the white house, he stayed back hayes spe-- scal back his expectations, and he said it is time for compromise. >> president barack obama: we move forward together sore we don't move forward at all. so, as we leave town for a few days to be with our families for the holidays, i hope it gives everybody perspective. >> reporter: if nothing is done by the end of the year taxes go up on eve
FOX News
Dec 28, 2012 2:00pm PST
, people paycheck get smaller because the payroll taxes expire. people will have to pay in their taxes to a different way. the alternative minimum tax won't be patched and we'll have to be addressed as well. taxes will go up. spending cuts over time will happen as well. i think the stock market will be hit hard. i have the most to lose than anyone i know but the only way to fix the economy. >> eric: president obama wants tax cuts to expire for everyone except those making under $250,000 a year. john boehner plan "b" making $1 million. this looked like president obama coming back with the same deal at 250. they are miles apart. >> kimberly: you were able to speak to people on the hill. what was your reaction? >> andrea: the president spread the stories that he will come to the table with a deal. swan dive off the fiscal cliff, hold your nose. we're going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he will be able to reintate across-the-board sequestration cuts. 8.2% across the board. cut defense and health. they will be able
FOX News
Dec 28, 2012 10:00am PST
. the talks are a last-ditch effort to avoid spending cuts and tax hikes from 90% of american households. mike emanuel is live on capitol hill where all the action is taking place. is there a lot of action? there is a lot of buzz on capitol hill. mitch mcconnell, who will be attending a white house meeting told us a few moments ago that we are always the running out of time. chairman max baucus, the democrat says that he thinks this will fiscal cliff matter comes down as one white house meeting two hours from now. another top senate republican said a short time ago that he was calling on president obama to lead. >> the president is not a senator anymore. he's a president. just as president reagan worked to deal with tip o'neill and bill clinton and president eisenhower, we need leadership on not just taxing rich people, but we contact them and it wouldn't help the medicare fiscal cliff. greg: others are skeptical, noting that high-profile meetings are for show often times and all about tactics. we expect the president will try a stopgap measure extending middle-class tax rates, extending unemp
FOX News
Dec 29, 2012 1:00am PST
a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so that we met the december 31st deadline. given how things have been working in this town we have to actually wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action. so if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor. and i have asked senator reid to do. this put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment insurance is still available for 2 million people, and that lays the groundwork then for additional deficit reduction and economic growth steps that we can take in the new year. >> joining us now from capitol hill. south da
CNBC
Dec 21, 2012 7:00pm EST
for compromise. he has an urgent plea to extend the tax cuts in the next ten days. he's basically calling for a stopgap bill that will avoid tax hikes on 98% of americans. he's willing to waiten o the rest. >>> meanwhile, stocks had a fiscal cliff selloff. but even a deal in january for the cliff is going to be all right if you ask me. and today's economic numbers pretty darn good. and the gun control debate heats up again today after a controversial nra news conference in washington. the "kudlow report" begins right now. >>> all right. let's first look at the market reaction to this fiscal cliff stuff. jackie joins us with the details. good evening, jackie. >> good evening to you, larry. while markets finished lower on the day, they were higher on the week. the dow up about .5%, the nasdaq higher by 1.7%, and the s&p 500 up by roughly 1.2% over the last five days. meantime in terms of sector performance, the financials, they had a rough day. the plan "b" proposal for the fiscal cliff. up more than 3% for the week. also technology and materials they finished lower on the day, as well, but
FOX News
Dec 29, 2012 9:00am PST
preventing the tax hike on the middle class and we should be able to reach an agreement to pass both house necessary time. >> senate leaders can't strike a deal. it would be a plan c. keeping tax cuts for those making $250,000 or less . extending unemployment benefits and delay dramatic spending cuts until later next year. >> they realize it is it a critical time. >> we are engaged in discussion majority leader and myself and the white house in the hopes we can come forward sunday and have a recommendation that i can make to my conference and the majority leader can make and we'll be working hard to try to get there in the next 24 hours. >> sources say house spheeker bone bone deferred to the senate and house would consider or amend the plan and not expected to be included is the debt limit . leading republican senator said permanence is key and given the certain ty. task and alternative minimum and thres hold of tending bush over $400,000 and $750,000 is a key point. >> heavy lift before the end of the year. >> here for a fair and balanced debate . democraticic of kentucky. you are number
FOX News
Dec 29, 2012 10:00am PST
ditch agreement to avoid deep spending cuts and year end tax hikes affecting the lives of every american, i'm kelly wright. >> i'm heather childers in for jamie colby. the 11th he hour scramble after a crucial meeting on friday, between president obama and the leaders of the house and senate and urged lawmakers to urge them to do whatever it takes to cut a deal. >> i'm modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want, but let's make sure that middle class families and the american economy and the world economy aren't adversely impacted because people can't do their jobs. >> chief congressional correspondent mike emanuel is live in washington with the latest, mike. >> heather discussions are underway and i'm told we should not expect any news or announcements before senators are briefed tomorrow afternoon. after a meeting with the president late friday, the senate majority leader sounded cautiously optimistic. >> we have one meeting in the white house that was very constructive and we hope it will bear fruit and that's what we hope to le
CNN
Dec 28, 2012 11:00am PST
tense meeting with the president. this is perhaps the final effort to avert the tax increase that is expected to cost the average family several thousand dollars a year. four days remain to reach an agreement, get it passed by the house and the senate and signed into law by the president. we're talking a long shot here. now, want to show you the players. president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jes
FOX News
Dec 22, 2012 1:00pm PST
plans that democrats used to support but now they won't. i don't want taxes to go up. republicans don't want taxes to go up. but we only run the house, democrats continue to run washington. >> gregg: national correspondent steve centanni joins us live from washington. >> reporter: d.c. may be some shutting down for christmas but the clock hasn't stopped and fiscal cliff is closer than ever. no deal was reached this week to keep taxes from going up. joan boehner pulled plug on the plan "b" and he says it is now up to the president and g.o.p. is continuing to hammer away at president obama. >> this is the year size of our debt surpassed the our economy. a grim milestone if we don't come to grips to w it. the president's plan to raise tax rates ko could still be as far as eye could see. >> reporter: president obama will return after christmas and work on fiscal issues. he believes a comprehensive deal could be reached but he seems to be acknowledging for scaled back plan for cutting taxes on the middle-class. >> even though democrats and republicans are arguing about whether those rates
FOX News
Dec 22, 2012 11:00am PST
some conservatives balked at p provisions to let tax rates rise on those making over a million dollars. is there a plan c or over the fiscal cliff. dan henninger, editorial board member. mary anastasia o'grady and jason riley. where do we stand right now with the collapse of plan b? >> well, it's no fun being john boehner right now. he's still in a tight spot and the concern that the republicans have is that obama's panel strength and as we go over the cliff and tax rates go up. but i really think the buck stops with the president here. when you go into the negotiating sessions, paul and you're expected to make concessions, but you're expect today get something in return and boehner made a major concession on rights and the president is giving him nothing in return to take that to his caucus and say, this is what happened in the horse trading. it's all or nothing, obama seems determined to humiliate the opposition. >> paul: boehner made two concessions, first 800 billion on the table in revenue and don't raise rates when the president said no he, you've got to raise rates. he said okay
FOX News
Dec 23, 2012 11:00am PST
in interest on our debt. we have been asking how do you think your tax dollars should be better spent. sheila says it should be used to fix crumbling roads and bridges and military and law enforcement. john wants to know why is it that any time the need to cut spending is up the only thing talked about is social security, medicare and defense. thanks for your responses. "fox news sunday" coming up next. we leave you with sand santas. artists in india carved more than 500 sand sculptures of santa claus to protect the development. have a merry christmas, everybody. >>> i'm chris wallace. talks to avert the fiscal cliff sal and washington debates how to prevent more mass murders. with nine days to go, is it still possible to make a deal to head off big tax increases and spending cuts? captioned by closed captioning services, inc. , republican john borasso and democrat kent conrad. >> as the nation mourns the victims of a newtown school shooting we turn to a man of faith for some answers. in these trying times he sees the need for a spiritual awakening. we will discuss the sandy hook massacre and
FOX News
Dec 23, 2012 8:00am PST
spending and raise taxes. what will happen? national correspondent live in washington with the details. good morning, steve. >> good morning, eric. the two sides in the fiscal cliff debate had their say before heading home for christmas, but no deal of course. after house speaker john boehner called off his push for a plan b last week saying the ball is now in the democrats' court. there has been no movement toward any deal. democrats want tax hikes for the wealthy. republicans want spending cuts. and some in the gop say the president doesn't want to avoid the fiscal cliff. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all of this additional tax revenue for new programs and he gets to cut the military which democrats have been calling for for years and he gets to blame republicans for it. >> president obama for his part said he is optimistic a deal can still be reached. he spoke at the white house friday before leaving for hawaii where he is now. but
FOX News
Dec 27, 2012 3:00am PST
is in the aired hading back to washington. is it too late. we are breaking doup your tax reality. >> brian: and holiday travelers are stuck on the tarmac x. one pilot was frustrated . wait until you hear what he did over com. "fox and friends" begins right now. ♪ ♪ "fox and friends". >> brian: kelley wright. i am clayton morris . this is julia morris. >> happy merry christmas. you guys have a nice christmas. >> family was here and we had a great time. >> frolic in the -- >> clayton: beautiful snow. >> you can't beat christmas in new york 73 unless you are manger square in bethlehem. >> clayton: we'll tell you about people stuck on the tarmac. five or six hours. if you were trapped or stuck in texas let us know. >> we have a folks news - fox news alert. former president bush's condition has worsened. he is 88 years old and he was formerally the president . he was hospitalized for a cough . and family spokesman admits things are not going well but doctors remain cautiously optmistic. >> he's in critical condition and in a bad way. the doctors believe there is a path for him to recover fr
CSPAN
Dec 21, 2012 8:00pm EST
to extend tax cuts for most americans. his remarks came as congress leaves washington without a plan to avoid the fiscal cliff. the president said he hoped any deal to avoid the fiscal cliff would also include and extension of unemployment insurance and lay this is about 7 minutes. >> good afternoon, everybody. for the last few weeks, i have been working with the leaders of both parties on a proposal to get our deficit under control, to avoid tax cuts -- to avoid tax hikes on the middle-class. and to make sure we can spur jobs and economic growth. a balanced proposal that cuts spending, but also ask the wealthiest americans to pay more, a proposal that will strengthen the middle class over the long haul, and our economy over the long haul. in the course of these negotiations, i offered to compromise with republicans in congress. i met them halfway on taxes and more than halfway on spending. today, i am still willing to get a comprehensive package done. i still believe that reducing our deficit is the right thing to do for the long-term health of our economy and the confidence of our
FOX News
Dec 23, 2012 3:00pm PST
possible to make a deal to head off big tax increases and spending cuts? captioned by closed captioning services, inc. , republican john borasso and democrat kent conrad. >> as the nation mourns the victims of a newtown school shooting we turn to a man of faith for some answers. in these trying times he sees the need for a spiritual awakening. we will discuss the sandy hook massacre and the meaning of christmas. plus, a change at the state department as the benghazi report is finally released. we will ask our sunday panel about the nomination of john kerry to rehe place hillary clinton and where the investigation of the terror attack that killed four americans goes now. and our power player of the week continues his holiday tradition to show respect for veterans. all right now on "fox news sunday." hello again from fox news in washington. at christmas, people who are naughty get coal in their stockings and at the white house and congress -- if the white house and congress don't make a deal in the next nine days to avoid the fiscal cliff we ring in the new year with big tax increases and
FOX
Dec 23, 2012 9:00am EST
more mass murders. ♪ >> chris: with nine days to go is it possible to make a deal to head off big tax increases, and spending cuts? we'll ask two senate leaders, republican john barrasso, and, democrat, kent conrad. then, as the nation mourns the victims of the newtown school shooting, we turn to a man of faith. for some answers. in these trying times he sees the need for a spiritual awakening. we'll discuss the sandy hook massacre and the meaning of christmas. with pastor rick warren. >>> plus, a change at the state department. as the benghazi report is finally released. we'll ask our sunday panel about the nomination of john kerry to replace hillary clinton. and, where the investigation of a terror attack that killed four americans goes now. and, our power player of the week, continues in holiday tradition, to show respect for veterans. all, right now, on fox news sunday. ♪ >> chris: and hello, again from fox news in washington. at christmas, people who arnauty get coal in their stock and if the white house and congress don't make a deal in the next nine days to avoid the fiscal c
FOX News
Dec 23, 2012 9:00am PST
was reconciliation. august 1st was our tax extenders. the third was on our sequester. and then you finished in september with a path for tax reform. they are all on harry reid's desk. he can pick up whatever he wants. now for the president to think that just taking a break from the discussions will solve the issue, i don't understand what he thinks is going to come from that. we have had our bills over there. we even passed a budget. and we are going on four years with the senate not even passing a budget. inaction has been the choice of the senate leadership. choices have consequences. and their consequences that the american people are facing this fiscal cliff it is going to happen on january 1st and 2nd, and it is happening because they have not done their job. the president should be speaking to harry reid in the senate saying come on now, get busy on this. take up one of those budgets. take up the tax extenders. this is what i am looking for, this is what we are going to work with you on. you know what, that's not what he did. >> in the negotiations leading up to the super committee ba
FOX News
Dec 26, 2012 7:00pm PST
the cliff unimpeded, it's a $400 billion tax hike. >> outrage after a newspaper gets its hands on the names and addresses of gun permit holders and then publishes the information online. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> isn't it possible that if we got rid of these, if we replaced them and said you can only have a magazine that carries five bullets or ten bullets, isn't it just possible that we could reduce the carnage in a situation like this? >> i don't believe that will make one difference. >> oh, my god, a tornado. >> winter weather threatening to cause major travel problems for people trying to get home after the holidays. some states dealing with snow, thunderstorms and tornadoes. >> oh, wow. oh, jesus, look at that tornado. >> tonight, john hammer is out of prison and on his way home. >> it was harrowing, because we had to jump from one bridge to another at the last minute just to get a safe place that i could take possession of him. >> this is great right now. i'm glad to be talking to you about that it's over with. i guess it's really o
CNN
Dec 22, 2012 11:00am PST
stocking. higher taxes, lawmakers and president obama have left washington for christmas with no deal on tax hikes and spending cuts set to go in effect after the first of the year. brianna keilar is live in hawaii where the president is spending the christmas holiday. brianna, the president maybe a little too optimistic that a deal can be reached? aloha, by the way. >> he did say last night that he is a hopeless optimist that something can get done, but what we know, it's not going to be that big package, obviously of deficit reduction as well as dealing with these tax hikes that are set to kick in. that's not what's going to be happening, instead, he's pressing for something smaller just to a deal with stopping those tax hikes from kicking in for americans making $250,000 per year or less. and also trying to make sure that unemployment benefits are extended. listen to what president obama said last night and also listen to what some of the house republican resistance from speaker boehner to his sort of short-term plan here. >> in the next few days, i've asked leaders of congress to
FOX News
Dec 23, 2012 1:00pm PST
over how to avoid that inevitable cliff, tax hikes, spending cuts associated with it, some of them are taking to the sunday talk shows to make their respective cases with just nine days until every american taxpayer feels the pinch. steve centanni, steve is there still any chance some sort of a comprehensive agreement can be reached? >> reporter: it's looking less and less likely. two sides in the did the debate had their say on sunday talk shows. there is a lot of talk and not much action. john boehner called off his public for a plan b, there has been no movement toward any kind of deal and some are saying the president wasn't to avoid that fiscal cliff. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. he sees a political victory. he gets additional tax revenues and gets to cut the military which democrats have been calling for years. he gets to blame republicans for it. >> reporter: if nothing has done by the end of the year, taxes go up for everybody. >> gregg: will be the president be working on these issues during
CNBC
Dec 26, 2012 6:00am EST
1. >> i think we're dealing now with whether or not we can put off the -- the increase in tax rates. that's really all we can deal with now. >> the next session of the senate is now set for tomorrow. the house has nothing on its schedule for this week. members have been told they could be called back within 48 hours' notice. meantime, and this i guess is also the big news, the white house saying the president's going to be flying back from vacation in hawaii today. a lot of people making something of that. i don't know what it means ultimately. >> well, one thing it means -- >> a show of something. >> if i had to get back from hawaii at a minute's notice, you know what it would be. the president will have an easier time of it, i think. right? >> i noticed a couple of news reports saying the cost of the last-minute flight is about $250 -- >> he's the president, he's allowed. he's not going to be like in -- you know, transferring in san francisco or l.a. or something. and hoping that flight isn't -- i think he can just sort of -- >> the good news. >> he can probably work on the way ba
FOX News
Dec 28, 2012 11:00pm PST
's paychecks will get smaller because payroll taxes will have expired. peopleville to pay in because the alternative minimum tax won't be patched. taxes will go up. spending cuts over time will happen as well. the stock market, i think the stock market will be hit hard. but again, here i am saying, let's do this. i have the most to lose of anyone i know. it's the only way to fix the economy. it's the best thing for the economy. >> okay. take us through what each side is wanting. >> here's what the deal is. president obama wants tax cuts to expire for everyone except those making $250,000 a year. john boehner's plan "b" was anyone making under $1 million a year. neither seemed to work. it looked like president obottomma was coming back with the same deal, $250. they are miles apart. they are miles apart. >> there is a big divide. andrea, you were able to speak with a number of people on the hill. what reaction are you getting? >> well, the president has spread these stories and people in his administration that he is going to come to the table with a deal. we have been hearing that al
FOX News
Dec 27, 2012 7:00pm PST
at the bottom of the cliff in term of the increased tax money coming in that he can spend for other programs. i think he sees a lot of cut to the military which the democrats have been after for a long time and then he gets to do what he loves to do, is to blame republicans. my concern is that i actually see financial problems for our nation at the bottom of the cliff and that's why i want to get a solution. >> tomorrow do you think it's going to be the beginning of the emergency meeting at the white house, is it the beginning of a deal or is it a political drama? >> my concern is it may be a political charade by the president and harry reid and nancy pelosi. i hope it actually is the beginning of a deal because if we don't get it done now, we need to go and make sure that things get done so we don't raise taxes and taxes aren't raised for all these americans that are looking at it come january 1st. >> why did he fly all the way back from hawaii and cut his vacation short if he's eager to go over the cliff in is that part of his charade. >> if he wants to actually blame other people for his lac
MSNBC
Dec 23, 2012 9:00am PST
would vote for revenues including tax rate hikes, even though i don't like them, to stave country from becoming greece. >> today, despite the president being in hawaii, the fiscal cliff is still on the agenda. kristen welker is with the president in honolulu. good day to you, kristen. what are you hearing there? >> reporter: alex, good morning to you. white house officials say this is very much a working vacation, no word if president obama has actually spoke on the congressional leaders at this point. i can tell you that conversations are going on at the staff level. but the reality is that the hard work, the final touches probably won't be put on these bills or this bill, rather, that they're hoping to get until lawmakers, the president, return to washington. and of course that won't happen until after the christmas holiday. this has a lot of people worried, alex, because as you say there's not a lot of time left to get a deal done. president obama, house speaker john boehner, were very close to getting a deal. president obama had given a little on entitlement reform, house speaker j
MSNBC
Dec 27, 2012 2:00pm PST
tax relief. people who believe in government will remember. the people who believe in national defense and social security and medicare will remember. they will know which party is trying to destroy working democracy in order to pursue its political ends. they will know who listens to the voter, who respects the voter, and who thumbs his nose at the voter and that ladies and gentlemen of the tea party right is you. we go over this cliff and you will not have to ask for whom the bell tolls, it willing tolling for you. leading off tonight josh green and chris frats of national journal. you don't have to be as clear as i, but try, gentlemen, tonight. it looks to me like one party, guns again it's asymmetric. both parties are not screwing around, one is. is that true? >> i think both parties want to go over the cliff. >> both want to go over the cliff? who will get blamed. >> i think republicans will get blamed but i think republicans at this point fear casting a career-threatening vote to raise taxes instead of waiting four days and letting the cliff -- >> and then they can technically sa
CSPAN
Dec 27, 2012 10:00am EST
on democrats to try to counter that immediately. senate democrats saying we passed a bill that raises tax rates on incomes over $250,000, we ran on this and this is what we are offering. house republicans were saying, no, we want to negotiate something, figure it out and send it to us. someone is going to have to move. the question is, who? the president met with senate majority leader harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment insurance benefits, and the lady across -- and then delay the across the board automatic cuts that are supposed to start january 1. that seems to be a non starter with republicans. it's hard to see where we go from here. host: have they been talking over the christmas break at all? also, one has been the role of -- what has been the role of senator mitch mcconnell? guest: the line that comes from the speakers office all the time is the line of communication remain open. i don't know how much talking they did as the president was in hawaii spending time with his family and the speaker was bac
NBC
Dec 27, 2012 6:30pm EST
spending cuts and tax hikes will impact every single one of us if there is still no deal by monday night. we begin our coverage with nbc's capitol hill correspondent kelly o'donnell. kelly, good evening. >> reporter: good evening, natalie. the mood here really feels like resignation, that the fiscal cliff deadline will come and go, and no agreement reached. democrats and republicans say they want progress, but there is nothing to report. but there are plenty of recriminations about which party is to blame. the president left his family in hawaii to return to washington. with the help of the economy and a bank account of every american family on the line. but the back and forth bickering continues. >> the only people in america who don't think taxes should be raised on the ridge are the republicans who work in this building. >> make no mistake. the only reason democrats have been trying to deflect attention on to me and my colleagues over the past few weeks, they don't have a plan of their own that could get bipartisan support. >> reporter: taxes go up for every worker next week. unemploy
MSNBC
Dec 27, 2012 4:00pm PST
think republicans at this point fear casting a career-threatening vote to raise taxes instead of waiting four days and letting the cliff -- >> and then they can technically say -- >> they're voting for a tax cut. >> do they presume the voters are that dumb? they think there's a difference? they might think that. >> they might. >> do they think the voters are that dumb to think three days difference in how you vote with the exact same result exonerates for having been an apostate on the hard world tea party? >> i think a lot of the republicans aren't worried about the general voter at large or what the national polls say -- >> only their base is stupid. they think only their base is stupid is what you're saying? >> they're worried about a primary on the right -- >> why would -- >> i don't want a democrat coming at me -- >> i know all that. let's get to the bottom line. they are arguing in their minds that they're safer to vote to keep the country going next week sometime rather than this week because they believe that the people who think they're great on the hard right will be confused.
CNN
Dec 21, 2012 11:00pm PST
leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> yesterday the house speaker john boehner failed to garner enough support from his own party to even hold a vote on his plan to raise taxes for those with an income over $1 million. >> while we may have not been able to get the votes last night, to avert 99.81% of the tax increases, i don't think they weren't taking that out on me. they were dealing with the perception that somebody might accuse them of raising taxes. >> "outfront" tonight, chief white house correspondent jessica yellin and dana bash. ladies, nice to see both of you. jessica, we'll start with you. the president's message was short and sweet and kind of basic. what do you think is different this time around in what he is saying? >> well, what's different is it is less than two weeks until the new year and the president is about to leave
MSNBC
Dec 28, 2012 7:00am PST
-class tax cuts are extended for everyone, while the higher rates go up, we also put off the rest of the details for later. the president is pushing for something. that said the optics are important because everybody wants to look like they're working this issue. >> probably the worst-case scenario will be today. we will kick the can down the road, do a small deal and create another fiscal cliff to deal with this. again a total lack of courage, lack of leadership. >> could they create another cliff? >> it's almost as if they're bouncing off one before bouncing on another further down the canyon. simply by the way the senate and the housework, how the wheels of legislating turn basically, it's nearly impossibility for things to get done before new year's eve unless both chambers lock themselves in those chambers until monday evening. to try to get some of this done. as was sort of already being talked about, as this deadline approached anyway. >> folks are saying, look, it's already so bad, it doesn't work the first time. >> yeah, all the things set to expire would still conceivabl
MSNBC
Dec 22, 2012 4:00am PST
to work toward a package that prevents a tax hike on middle class americans. >> this is something within our capacity to solve. it doesn't take that much work. we just have to do the right thing. so call me a hopeless optimist, but i still think we can get it done. >> earlier in the day, speaker boehner held a news conference. a vote on his so-called plan "b" was scrapped thursday night when it became clear it did not have enough support among house republicans to secure passage. >> a situation where because of the political divide in the country, because of the divide here in washington, trying to bridge these differences has been difficult. if it were easy, i'll guarantee you this would have been done decades before. >> joining me now, congressional reporter for "the washington post," ed o'keefe. good to see you. >> good to see you too. any kind of realistic timetable that this will be done before january 1st? >> what the president is most concerned about now, making sure unemployment insurance is extended for those that need it and where taxes remain where they are for people making u
FOX News
Dec 27, 2012 10:00am PST
in making a deal to avert across the board tax hikes for 90% of the american households. it's been 10 days since the president and the speaker held any substantial face-to-face meetings. is time up or is it still possible for both sides to reach a last minute deal? let's put the question to byron york of the "washington examiner". too late or, gosh, maybe this is so easy you can wait until the last minute? >> i guess it depends whether you believe in miracles, gregg. gregg: i don't. >> the only thing that is really happening is the days are ticking by. i think what we've got is, you go first situation here. remember, after the so-called plan b failed in the house, john boehner, speaker of the house said, look, it's up to the senate. we'll not do anything more. we already passed a bill a while back that would extend bush tax cuts for everybody. it is up to the senate to do something. you have senate minority leader mitch mcconnell, the republican saying it is up to the democrats to do something. we'll not do anything until president obama and the democrats come up with a plan and president
FOX News
Dec 28, 2012 8:00am PST
at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for everyone else. secondly extend unememployment insurance for about two million people who will be losing it a few days from now at the end of the year. finally he refer to possibility of smaller bit ever spending cuts. not major entitlement rerecall to. not major cuts to medicare like had been on the table in so-called p
CSPAN
Dec 26, 2012 1:00pm EST
, the end of the bush era tax cuts, the dreaded sequester, across the board cuts of $1.2 trillion in spending will begin to take effect the first of next year. the good news is the white house and republicans have been trading proposals and at least yesterday appeared to be moving closer together. i would have much preferred that they would be talking about a bigger package than they've discussed but nonetheless to reach a package that would resolve some of these issues would be an important step forward and i think help promote certainty that would be important to our economy. on the revenue side of the equation, i just want to remind you what it's taken in the past to balance the budget. we hear talk on average revenue is in the 18% of g.d.p. range n. getting back to average you will should be sufficient. the problem with that is we have never balanced the budget in the last 50 years based on 18% of g.d.p. in revenue. balancedtimes we've going back to 1969, you can see that revenue has been about 20% of g.d.p. you can see from this chart. 19.7% of g.d.p. in 1969. 1999 it was 19.
MSNBC
Dec 22, 2012 9:00am PST
plan b. then the president urge congress to pass a bill to keep the taxes from increasing on 98% american people taxpayers. let's take a listen. >> we have a number of our members who just really didn't want to be perceived as having to raise taxes. >> i expect democrats and republicans to get back to washington and have it pass both chambers. i will immediately sign that legislation into law before january 1 of next year. >> congresswoman, with time running out, can the house come back after christmas and pass a bill, any bill to avoid the fiscal cliff? >> well, alex, i'm one of the vote counters for the democrats. i sent a letter to speaker boehner yesterday. you need to you a ban don the idea that you have to have a majority of the majority to pass legislation. in other words, speaker boehner said here's my plan. and forget you, democrats, and i'm just going to pass it with my caucus and then -- his tea party rebelled against him. what i think he should do, come to the democratic leadership, put together a coalition in the middle, moderate republicans, moderate democrats, and
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